Ships shun Strait of Hormuz as renewed fighting strains key oil corridor

CNBC reports that vessel traffic through the Strait of Hormuz has dropped since President Trump's blockade took effect last week, amid renewed fighting in the region. The Strait is critical to global oil trade, so any disruption affects energy markets worldwide.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton